Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Automotive Blower Motor Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 1.8% during the review period (2022 to 2027).
Automotive Blower Motor Market Overview:
All types of vehicles include HVAC (Heat ventilation and air conditioning) systems, which consist of a heating fan motor. Mostly, a single electric motor is utilized to circulate both hot and cold air through the HVAC system, depending upon climactic conditions. Important components of heating fan motors are DC motor, motor housing, and fan. However, components may change according to application. Additional components include the fan relay and blower motor resister. Different types of vehicles configure heating fan motors differently. In a majority of vehicles, heater boxes are located near the passenger compartment. However, they can also be fitted near the engine compartment.
Who are the Major Players in Automotive Blower Motor Market?
The Automotive Blower Motor Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes: Brose, Bosch, Valeo, Marelli Corporation, Denso, Hyoseong Electric, Continental, Delphi (BorgWarner), Standard Motor Products(SMP), Nidec, ACDelco, Kitashiba Electric, Lucas TVS, Zhejiang Songtian Automotive Motor System Co., Ltd, TYC Genera and Others.
Industry News:
01-05-2022: Brose and Volkswagen launch joint venture Brose Sitech for seat systems: Brose Sitech has been operating on the global market as an independent supplier of seat systems since January 1, 2022. Thomas Schmall, Group Board Member for Engineering Volkswagen and member of the Supervisory Board of Brose Sitech, sees great potential in the joint venture: We had an intensive period of planning and preparation. I am delighted that Brose Sitech is now launching on the market as an independent full-range supplier of seat systems. The merger continues to be supported by Volkswagen and at the same time opens up many new perspectives. Brose Sitech is becoming a strong, sustainable company.
What are the major Applications, Types and Regions for Automotive Blower Motor Market?
By Type, it is segmented into
- Brush Motor
- Brushless Motor
By Applications it is segmented into
- Passenger Vehicle
- Commercial Vehicle
Automotive Blower Motor Market Regional Analysis
All these factors greatly affect the Automotive Blower Motor market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Automotive Blower Motor Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automotive Blower Motor Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Automotive Blower Motor Market Report Scope?
Scope of the Report covers Automotive Blower Motor Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Automotive Blower Motor Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Key Takeaways from this Automotive Blower Motor Report
- Evaluate Automotive Blower Motor market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Automotive Blower Motor market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
